Illinois General Assembly - Bill Status for SB0099

Synopsis As Introduced
Amends the Property Tax Code. In provisions concerning the homestead exemption for veterans with disabilities and veterans of World War II, provides that, if the taxpayer is the surviving spouse of a veteran whose death was determined to be service-connected or (currently, and) the taxpayer is certified by the United States Department of Veterans Affairs as a recipient of dependency or indemnity compensation (currently, dependency and indemnity compensation), then the first $250,000 in equalized assessed value of the property is exempt from taxation under the Code. Effective immediately.

Actions

Date	Chamber	Action
1/17/2025	Senate	Filed with Secretary by Sen. Michael E. Hastings
1/17/2025	Senate	First Reading
1/17/2025	Senate	Referred to Assignments
1/22/2025	Senate	Assigned to Revenue
1/24/2025	Senate	Added as Chief Co-Sponsor Sen. Mike Porfirio

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